The global Methacrylic Acid market was valued at 1141.07 Million
USD in 2021 and will grow with a CAGR of 4.04% from 2021 to 2027,
based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Methacrylic acid is an organic compound?abbreviated MAA. This colorless, viscous liquid is a carboxylic acid with an acrid unpleasant odor. It is soluble in warm water and miscible with most organic solvents. Methacrylic acid is produced industrially on a large scale as a precursor to its esters, especially methyl methacrylate (MMA) and poly (methyl methacrylate) (PMMA).Methacrylic Acid market is mainly occupied by Asia companies, the China companies` product is relatively lower in quality and price, and it is shock for the Japan, Korea and Taiwan product. MAA, which is produced using Acetone Cyanohydrin as its main ingredient, is used as a raw material primarily in paint, adhesives, synthetic rubber, and admixture for concrete. With the development of the downstream industries, MAA production keeps increase recent years, some MMA manufacturers entered the MAA industry. With the economic growth of emerging countries, supply of MAA remains tight in Asia, especially China, as well as in North and South America.
By Market Vendors:
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report
includes Global & Regional market status and outlook 2016-2027.
Further the report provides break down details about each region
& countries covered in the report. Identifying its sales, sales
volume & revenue forecast. With detailed analysis by types and
Market Trends: Market key trends which include
Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing
Demands and New Technology
Porters Five Force Analysis: The report provides
with the state of competition in industry depending on five basic
forces: threat of new entrants, bargaining power of suppliers,
bargaining power of buyers, threat of substitute products or
services, and existing industry rivalry.
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